SHANELINK

Cava Bottomed?

Long
NYSE:CAVA   CAVA Group, Inc.
Cava has reached the apex price of the falling wedge, this along with RSI crossing oversold, should be good indicator the selling has been exhausted and hopefully pump into earnings, which shouldn't have to be stellar, just good and we could definitely see CAVA trading back in the $60 range, and if that with good results of growth and new locations and paying down some debt, no reason we couldn't see it make a run higher to $75-80 range.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.